As cyber-threats mount, the race is on to define and protect the corporate attack surface December 13, 2022 Cybersecurity has historically been a difficult sell to the board. Banking leaders, like their counterparts across other sectors, tended to regard IT security as the domain of the techies—something adjacent to rather than at the core of their business. But things have changed considerably since the start of the pandemic. Today the challenge is not [...]
Vodafone transfers shares in Egypt arm as it simplifies core business December 13, 2022 Vodafone transferred over half of its shareholding in its Egypt business to Vodacom, its African subsidiary, as it simplifies the core business. Under the agreement, the telecoms giant has been issued with 242 million shares in Vodacom and received cash proceeds of €577m in exchange for its 55 per cent shareholding in Vodafone Egypt. Acting [...]
Rishi Sunak warns his cabinet about ‘challenging’ winter of UK strikes December 13, 2022 Rishi Sunak has warned his cabinet that winter will be “challenging” as widespread industrial action ramps up and as the economic downturn deepens. The Prime Minister’s official spokesman today said the “government will do all we can to minimise disruption”, while calling for union bosses to get back to the negotiating table. Today marks the [...]
SEC charges Sam Bankman-Fried with fraud December 13, 2022 The SEC has charged Samuel Bankman-Fried with orchestrating a scheme to defraud equity investors in FTX Trading Ltd (FTX).
Crypto markets follow equities hand-in-hand towards greener pastures December 13, 2022 Bitcoin is trading 2.48% higher than this time last week, while Ethereum is also in the green again, currently trading at $1,280.
Dealmaker’s Spotlight: Picus Capital December 13, 2022 | City Talk Datasite recently spoke with Joanna Koczuk, Head of Investor Relations and Fundraising at Picus Capital, who shared her thoughts on creating long-term value in the VC space, even in current challenging environment. Picus Capital is a global venture capital firm and invests in early-stage technology companies. At the heart of its investment philosophy is being [...]
FTX founder Sam Bankman-Fried arrested in the Bahamas December 13, 2022 Sam Bankman-Fried - founder of the collapsed FTX exchange - has been arrested at his home in the Bahamas.
Bank of England ramps up CBDC ambitions after offering £200,000 wallet contract to bidders December 12, 2022 The Bank of England has underlined its desire to pursue a CBDC by putting a contract for a sample wallet out to tender.
Crypto AM Spotlight: Advances in economic transformation with Convex December 12, 2022 Crypto AM shines its spotlight on the Convex Foundation as it looks to make monetary and value exchange services available to all.
How The Maldives are properly celebrating their food culture December 12, 2022 On The Maldives, local cuisine is finally being properly celebrated. Angelina Villa-Clarke jets in to eat local delicacies including mud crabs I’m sat high in the treetops, hidden amongst the oversized leaves of banana trees. Flickering candles light the tables but, mostly, the scene is illuminated by the night sky, ablaze with an eternity of [...]